Sezzle general counsel Rajeev Khurana buys $14,999 in shares
On August 20, 2026, Sezzle Inc.'s general counsel, Rajeev Khurana, purchased $14,999 worth of the company's common stock. The transaction involved the acquisition of 129.4498 shares at a price of $115.875 per share. This purchase constituted a fractional share interest and was executed as part of a dollar-based order through Khurana's brokerage account.
The purchase price was near the stock's current price of $117.93. Prior to this transaction, Khurana held 3,629.4498 shares directly. The insider purchase follows Sezzle's impressive performance, with an 88% return over the past six months. The company achieved a perfect Piotroski Score of 9, indicating strong financial health. InvestingPro analyzes suggest the stock is overvalued.
Sezzle reported strong Q2 2026 results, with revenue up 51.7% year-over-year to $149.7 million and earnings per share at $1.13. Net income reached $40.8 million, with adjusted EBITDA at $58 million. The company increased its full-year profit guidance. Despite positive earnings, the market reacted negatively, focusing on potential slowdowns in growth later in the year.
Additionally, Sezzle partnered with WebBank to offer new installment loan-backed products, SezzleCash and Sezzle Send. WebBank initially retained loans up to $30 million, with the potential to expand to $150 million. TD Cowen upgraded Sezzle's stock rating to Buy from Hold, citing elevated expectations after a significant rise over the past three months.
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